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NEW YORK ( TheStreet) -- The ex-dividend date for Twin Disc (Nasdaq: TWIN) is tomorrow, February 8, 2012. Owners of shares as of market close today will be eligible for a dividend of 9 cents per share. At a price of $32.62 as of 9:30 a.m. ET, the dividend yield is 1.1%. The average volume for Twin Disc has been 157,400 shares per day over the past 30 days. Twin Disc has a market cap of $369.7 million and is part of the industrial goods sector and industrial industry. Shares are down 9.9% year to date as of the close of trading on Monday. Twin Disc, Incorporated engages in the design, manufacture, and sale of marine and heavy duty off-highway power transmission equipment. The company has a P/E ratio of 13.5, below the average industrial industry P/E ratio of 14.4 and below the S&P 500 P/E ratio of 17.7.